|Industry Insight

Banks Should Pivot to Serve as a Fintech Marketplace

By |2019-02-20T10:55:37+00:00February 20th, 2019|

As the final year of the teens begins, financial services are at a pivot point that will determine their success in the 2020s. Simply, they must innovate to survive and reposition how they deliver financial products and tools to their customers. For the most part, bankers are stuck with an outdated model of what a [...]

Being Strategic by Improving the Customer Experience

By |2019-02-20T12:18:47+00:00December 19th, 2018|

The issue of how you can improve the customer experience cannot be adequately covered in a few hundred words. Let me give two examples, one dealing with the digital / online experience and one dealing with the physical branch. If you are like most FIs, you have multiple online banking systems. Typically, you would have [...]

Being Strategic by Reducing Operating Costs

By |2019-02-20T12:20:49+00:00December 12th, 2018|

What are the activities that a typical business customer of yours engages in that mostly manually and cost-intensive? Don’t know? It’s likely that, as bankers, we don’t spend much time thinking about the internal cost of our business customers. But there are areas in which an FI has a direct opportunity to reduce costs for [...]

Being Strategic by Increasing Revenue / Customers

By |2019-02-20T12:25:58+00:00December 5th, 2018|

Let’s say you were interested in assisting your business customers in getting more clients, more sales, how would you go about achieving that? Consider that you have a significant online community, individuals and businesses that are connecting to your online banking platforms. While they are online, there are opportunities to make an appeal to them [...]

Becoming Strategic

By |2019-02-20T12:27:22+00:00November 28th, 2018|

2019 is right around the corner. What new technologies are progressive financial institutions looking to implement in the new year? Services that are strategic! More specifically, financial institutions need to show their best, most profitable customers that they are a strategic partner. For most banks, this means business customers, as they are still paying fees [...]

Thank You AFP 2018

By |2019-02-20T12:35:32+00:00November 16th, 2018|

Thank you for texting IR for a chance to win $1,000 cash at the AFP conference last week. We had so many entries and great conversations about Integrated Receivables. We appreciate your support, but in the end there were only two winners. Join me in congratulating Brad and Sandy who both walked away with [...]

IR is Hot, so We’re Bringing $1,000 in COOL CASH

By |2018-11-02T14:08:47+00:00November 2nd, 2018|

U.S. Dataworks is headed to the Annual AFP Conference in Chicago...and we're bringing some seriously super prizes!! We want everyone to know the strategic importance of Integrated Receivables and how this will impact the future of Treasury Management services. Starting Sunday morning, text "IR" to 474747  for your chance to win $1,000 in cash.  Yes [...]

New England AFP Meeting

By |2019-02-20T12:36:18+00:00October 18th, 2018|

U.S. Dataworks will be leading an educational session at the upcoming NEAFP Bi-Monthly meeting. This month the meeting will be held at Hasbro Toys, where attendees will not only get great food and insightful information, but also receive a discount on toys purchased at the facility.

3 Sessions to Look for at AFP

By |2019-02-20T12:38:50+00:00October 26th, 2018|

The annual AFP Conference will be here before you know it. With so many great sessions to attend and exhibitors to visit your schedule is sure to be full. Here are a few sessions that represent some of the current trends happening in Treasury services. These session cover the emerging trends we see in Receivables [...]

Why Financial Institutions Need to Become Strategic Partners

By |2018-10-30T11:21:24+00:00June 27th, 2018|

What does it mean to be strategic? We often use that word, strategic, and most people have an idea what it means; something like “its really important to an entity or an outcome”. But try to describe an actual action that a company might take based on a relationship that was “strategic”. How could [...]